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United States · Bill · HR

H.R. 4305 (109th)

To amend the Internal Revenue Code of 1986 to provide increased expensing for section 179 property in the Gulf Opportunity Zone.

referredUnited States· United States Congress· EN

Introduced

10 November 2005

Last action

10 November 2005 · Introduced

Status

Referred to the House Committee on Ways and Means.

Sponsors

Rep. Musgrave, Marilyn N. [R-CO-4], Rep. Feeney, Tom [R-FL-24], Rep. Gingrey, Phil [R-GA-11], Rep. King, Steve [R-IA-4], Rep. Garrett, Scott [R-NJ-5], Rep. Jindal, Bobby [R-LA-1], Rep. Doolittle, John T. [R-CA-4], Rep. Barrett, J. Gresham [R-SC-3], Rep. Wilson, Joe [R-SC-2], Rep. Kline, John [R-MN-2], Rep. Cole, Tom [R-OK-4], Rep. Westmoreland, Lynn A. [R-GA-3], Rep. Issa, Darrell [R-CA-48], Rep. Weldon, Dave [R-FL-15], Rep. Fortenberry, Jeff [R-NE-1], Rep. Hensarling, Jeb [R-TX-5]

Subjects

Taxation

Source updated

2 January 2025

Taxation

Summary

Amends the Internal Revenue to increase the expensing allowance (i.e., a tax deduction in the current taxable year) for the cost of Gulf Opportunity Zone property placed in service in the Hurricane Katrina disaster area.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 10 November 2005

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 10 November 2005

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 10 November 2005

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in House (text)

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  • Introduced in House (text)

    Introduced in House · EN · 10 November 2005

    ViewDownloadOpen at official source

  • Introduced in House (PDF)

    Introduced in House · EN · 10 November 2005

    ViewDownloadOpen at official source

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  • Introduced in House

    summary · EN · 10 November 2005

    Open at official source

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Sponsors

Related records

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Sources

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